ETH whale deposits $15.9M in ETH to Binance

An ETH whale address that has been accumulating the asset for two years recently deposited 3,711 ETH, worth approximately $15.93 million, to Binance, according to on-chain analyst ai_9684xtpa. The analyst noted that the whale's average purchase price is $3,912, which would allow for a realized profit of about $1.41 million if the assets are sold. The wallet still holds approximately 3,000 ETH, representing an unrealized profit of around $1.13 million.